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20130129
20130206
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-time highs yesterday we got a report that the economy shrank last quarter so which direction are we moving in economists at j.p. morgan chase and morgan stanley say the economy will rebound after plunging defense spending hurt and the chief economist at middle east analysts say the growing strength in the labor market will light a fire under growth. we will see how the market is this morning. weekly jobless claim numbers were worse-than-expected so still the markets are optimistic and trading higher. the silicon valley index is positive. facebook shares are lower, disappointing investors with the latest earning reports. barbie fans, the first barbie cafe open in taiwan. the hot pink diner features pink tables and sofas and the staff wears pink tutus. how about taking your spouse on a romantic trip open valentine's day? the majority of people who travel say their relationship with their loved one would improve if they went on more trips together. men are more inclined than women to go on a romantic trip, new york and san francisco are among the top choice destinations. >> vacation to san fr
america compete for the best jobs and new industries. >> the president said the economy is poised to expand this year after 2.2 million jobs were created last year. republicans say this is the chance for congress to begin balancing our nation's checkbook. jump starting the economy and restoring faith in our government. >>> energy secretary steven chu is stepping down. the former head of the lawrence berkeley national lab drew a lot of political fire during his tenure on the president's cab -- cabinet. but as abc7 news political reporter mark matthew notes, khu also drew a lot of talent to the department as he worked to reshape its mission. >> at the white house, president obama publicly thanked steven chu for his service steven has a great friend, a tremendous colleague working on a whole range of energy issues, but also designing a cap to plug the hole in the middle of the gulf of mexico when anyone else could -- nobles to figure it out. that's typical of the incredible contributions he's made to this country. >> when he came here he had a nobel prize in physics but knee no real
the economy contracted slightly last quarter. the biggest reasons was the plunge in defense spending and the biggest in 40 years. some say consumer spending picked up. the number is not as bad as it seemed. investors are waiting to see what the federal government says after a meeting of two days. we are higher with the dow starting lower, but, we have climbed back up into territory in the green there across the board and the bloomberg silicon valley index is up. amazon is share with a jump in holiday shopping and facebook is the one to watch today and tomorrow with analysts forecasting they will report a pickup in groups with results after the closing bell and watch for the company and what they have to say about mobile and showing they are monetizing mobile. in a few minutes research in motion will unveil the new blackberry 10, counting on the new operating system to reverse their failed slump, and this is a make-or-break kind of thing for research in motion which they hope to reverse sales. >> have a great day. >> starting out gorgeous and a warm up nice in the afternoon. >> nice t
.d.p. report showing the economy shrinking by a quarter. the dow and s&p and nasdaq traded higher and the dow not quite 14,000 yet but we are slowly getting closer and the silicon valley index is trading up under half a percent higher. chevron reporting a bump in profits but smaller than expected. are you planning on watching the super bowl? 91 percent of consumers watching the game are also looking forward to the commercials. 81 percent say they like the funny ones. 25 percent prefer sentimental commercials. you do not have to wait until the super bowl to see the ads, ads are on youtube as they get as much bang as they can get out of the 30-second spots that cost $4 million each. americans are expected to consume 79 million pounds of avocado on sunday because of the popularity of guacamole which is 158 million avocados. >> quickly, gin, we heard a lot of applause, was that for you? >> it is my fan club. actually, i don't know what it was. there was a company that went public today, so i think it may have had something to do with that. >> okay, i am sticking with my story. you have a great we
Search Results 0 to 3 of about 4

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